The Wall Street Journal is an excellent newspaper on many levels, but it does have a character flaw: its coverage of Wall Street includes tabloid-like stories such as the one it ran recently on Goldman Sachs.
In the story, the Journal discusses a hamburger-eating contest among Goldman's mortgage traders after bonuses were paid in December 2007. It is ostensibly part of the story's theme, which is Goldman's "take-no-prisoners attitude".
Or the guys were just having some silly fun.
Moreover, the story only lets the reader know on the back pages in the second half of the article that any money wagered was donated to charity.
The public may have a prurient interest in the behavior of some on Wall Street. It doesn't mean it is the proper journalistic target of one of the nation's leading newspapers.
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